2024 Social Security lump sum payment received in January 2025. Can I include that amount as income on my 2024 tax return?

goldenlacey12 · ‎October 13, 2025

I started collecting Social Security in January 2025, effective November 1, 2024. I am now preparing my 2024 federal tax return. Can/should I include this lump sum amount as income on my 2024 tax return?

xmasbaby0

No. Only income received in 2024 goes on a 2024 tax return. In January you will receive a SSA1099 from Social Security which you will enter on your 2025 tax return -- the one you will file in early 2026.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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2024 Social Security lump sum payment received in January 2025. Can I include that amount as income on my 2024 tax return?